Do consumers learn from tasting scores set by experts?

Using data from whisky tastings and fixed effect regressions, we find that net of any composition effect, experts report different tasting scores on average. This indicates that consumers have little to learn from absolute scores.

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Year of publication:	2012
Authors:	Vaillant, Nicolas Gérard ; Wolff, François-charles
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 32.2012, 2, p. 1378-1384
Publisher:	AccessEcon
Subject:	expert opinion \| tasting score

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Extent:	application/pdf
Type of publication:	Article
Classification:	Z1 - Cultural Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011278759